Weaker stock prices for many resource producers have made some miners vulnerable to hostile bids. Canada’s Augusta Resource Corp.became the latest target this weekend, when HudBay Minerals Inc. announced a hostile bid for the 84% of Augusta it doesn’t already own. HudBay values its all-stock bid at close to C$360 million, smaller than another hostile bid currently playing out–Goldcorp Inc.’s plan to acquire Osisko Mining Corp.

Canada’s Charles Hamelin started the week off with a gold medal in the 1,500-meter short-track event. Hamelin—who has three medals from two previous winter games has a chance to become Canada’s most-decorated Canadian Olympian.

About Canada Real Time

Canada Real Time provides insight and analysis into what’s making news in Canada, a country punching above its weight on the world stage thanks to its vast resources and strong banking sector. Drawing on the expertise of The Wall Street Journal and Dow Jones Newswires, we take a look at developments in fields ranging from business to politics to culture. You can contact the editors at canadaeditors@dowjones.com